Indianapolis Times, Volume 33, Number 222, Indianapolis, Marion County, 25 January 1921 — Page 10
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STOCKS GAIN FIRM TONE Important Issues Make Good Upturns After Weak Start. NEW YORK, Jan. 25.—The stock market continued as a whole of a professional character at the opening today with irregular movements. The statement of Governor Miller of New York in regard to the transportation situation was used as a reason for buying local transportation issues, but the strength was not maintained. The 611 stocks were again under pressure, but showed a quick rallying power. Mexican Petroleum, dropping to 151%, rose above 153. A number of traders were sellers of this stock because of statements made in Washington dispatches in regard to the necessity for action by this Government to protect American interests. Reduction in the price of crude oil also was an influencing factor. Steel common fell % to 81%, but quickly recovered this loss. Baldwin rose 2 points to 90%. Crucible advanced 2% points to 97. American International rose 1 point to 46. After the Irregular movements in the first fifteen minutes, the market developed strong tone and nearly all the important issues made substantial gains. The steel Issues were in special demand, Baldwin advancing 2 points to 90% and Bethlehem Steel “B” rose 1% points to 56%. United States Steel was in steady demand. registering from 8114 to 8214. Crucible Steel rose to above 97. Canadian Pacific was in supply, falling % of a point to 1141£. Roval Dutch was 2 points lower at 63%. Stndebaker held around 57%. General Asphalt rose over 2 points to 6414. (By Thomson & McKinnon) —Jan. 25 — Last week's sellers of securities were forced to bid np for the limited offerings today This feature was pronounced in Stndebaker. Republic Steel. Cotton Oil, etc. Sentiment was helped by a sharp recovery in commodities. Announcement that the British had made a cut in petroleum prices because of over-supply had but passing effect. Attention is being directed to the improvement in foreign exchange. Domestic news regarding trade revival is of a nature to inspire confidence. As evidence, advices from Cleveland tell of a general reopening of manufacturing plants in that district. Reports indicate less strain in the credit situation, but while renewal rates were unchanged here, the fact that up to this writing there has been no increase beyond the 7 per cent rate, in spite of the limited supply on Saturday's poor bank statement, encourages belief the little tension we have Is the result of government withdrawals rather than Increased borrowings. TWENTY STOCKS AVERAGE. NEW YORK, Jan. 25. —Twenty industrial stocks averaged 74.77, down .14 per cent. Twenty active rails averaged 75.68, up .23 per cent. CLEARING HOCSE STATEMENT. NEW YORK, Jan. 25.—Clearing house statement: Exchanges, $739,895,719; balances. $55,692,276; Federal Reserve Bank credit balance, $5,511,445. Money and Exchange Indianapolis bank clearings today were $2,762 000, against $2,563,000 a week ago. NEW YORK. Jnn. 25.—Foreign exchange opened today with demand sterling $3.801.,. the highest since July 22; francs. .0732; lire, .OliiO; marks. 0174; Canadian dollars, .8825; kronen, .2040. NEW YORK, Jan. 24. —Commercial bar silver was unchanged todav at 99%c; foreign was %c higher at 6&%c. LONDON, Jan. 24—Bar silver was %and higher today at 40d. NEW YORK CALL MONEY. NEW YORK, Jah. 25—Money—Call money ruled 7 per cent; high. 7 per cent; low, 7 per cent. Time rates steady, all 614- Time mercantile paper steady. Sterling exchange was strong, with business In Dankers' bills at 3.78)4 for demand. NEW YORK LIBERTY BONDS. -Jan. 24 Prev. High. Low. Close, close. Liberty 3%s 92.24 92.06 92.06 92.10 Libertv 2d 45... 88.(0 87 70 87.90 87 80 Liberty Ist 4%5. 88.18 88.00 87 92 88 00 Liberty 2d 4%5. 88.02 87 86 87.96 87.94 Liberty 3d 4%s . 91 06 90 90 90 96 9100 Liberty 4th 4%5. 88 40 88.22 88.32 88.26 Victory 3%5.... 97.26 97.22 97 26 97.20 Victory 4%5.... 97 28 97 20 97.26 97.26
MOTOR SECURITIES. (By Thomson & McKinnon.) —Jan. 25 —Opening - Bid. Ask. Briscoe 14 16 Chalmers com 1 1% Packard com 10% 10*4 Packard pfd 75 78 Chevrolet 150 400 Peer lets 22 24 Cnnt. Motors com 7 7*4 Cent. Motors pfd 92 95 Hupp com 12% 13% Hupp pfd 88 95 Reo Motor Car 22 22% Elgin Motors 4% 5% Grant Motors 3% 3% Ford of Canada 225 240 United Motors 35 45 National Motors Q Federal Truck 19 20 Paige Motors 17 17V4 Republic Truck 20 21 CHICAGO STOCKS. (By Thomson & McKinnon) —Jan. 24 Open. High. Low. Close. Carb. & Carbide 62 % 54% 52 54 Libby 12% 12% 12% 12% Mont.-Ward ... 17% 17% 17 17% Nat. Leather .. 8% 8% 8% 8% Sears-Roebuck .98 93 91% 91% Stewart-Warner 33% 38% 33% 33% Swift <fe Cos 104% 104% 104% 104% Swift Inter. ... 28 28 28 28 Reo Motors .... 22% Piggly Wiggly. 16 .... Terse Market Notes WASHINGTON. Jan. 24.—The sale of the Alice Silver and Oold Mining Company to the Anaconda Copper Mining Company was set aside ny the Supreme Court today. The court held that the amount paid was inadequate. The sale, which wrs upheld by the lower courts, was made by transferring 30,000 shares of Anaconda stock, valued at |1,500.000, to the stockholders of the other tompany. CLEVELAND PROmTE. CLEVELAND, Jan. 25.—Butter—Extra, In tub lota. 52%@53c; prints. 53%<@54c; extra firsts. 51%@52c; firsts, 50%@51c; seconds. 44@45c; packing stock. 12@15c; fancy dairy roll. 20<jj25c. Eggs—Fresh gathered northern extra. 67c; extra firsts. 66c; Ohio firsts (new cases). 64c; first (old cases), 63c: Western firsts (new 63c; refrigerator extras. 00c; refrigerator firsts. 68c. (A case contains $0 dozen). Poultry—Live heavy fowls. 82@94c; light stock, 25c; roosters. 24c; spring ducks. 3S<g4oc; turkeys, 45@50c; gees*. 30@35c; spring chickens, choice. 29(330c. —-"legal notice. NOTICE OF APPLICATION OF MILK PRODUCERS’ UNION TO CHANGE ITS NAME TO MUTUAL MILK CO. In Marlon Circuit Court. No. 2145. State of Indiana. County of Marlon, se.: In re, petition of Milk Producers’ Union to change Its name. Notice Is hereby given that Milk Producers’ Union, a domestic corporation, having its principal office and place of business at the city of Indianapolis. County of Marlon, State of Indiana, will apply to the Marlon Circuit Court of Marlon County. State of Indiana, at the April term thereof to be held at the Courthouse In the city of Indianapolis. County of Marlon, in said State on the 4th day of April, 1921, at 4 o'clock In the forenoon of said day or as soon thereafter as counsel can be heard for an order authorizing said corporation to change Its •orporate name to Mutual Milk Company. MILK PRODUCERS’ UNION! By JESSE KOLDYKE, President. FRANK T. BROWN, Attorney for Petitioner. 103 Indiana Trust Building. Jan. 36. 1921. 1
N. Y. Stock Prices
—Jan. 24 Prev/ High. Low. Close, close. Adv-Rnmely pfd 51% 51% 51% Ajax Rubber.., 37 37 37 •Allis-Chalmers. 85% 35 35 30% Am. Agricul.... 55% 53% 54% 56 Am. Beet Sugar 47 45% 45% 46% Am.BoschMagCo 53% 52% 53% 52% Am. Car & Fdy.124% 122% 122% 123% Am. Can. 29% 28% 28% 28% Am.Hd.& L. pfd 46 45% 4&% 45 Am. Drug. r . 7 6% 7 7% Am. Inti. C0rp.,48% 45 45 47% Am. Linseed.... 56% 53 58% 55% Am. Loco 83% 82 83 % 83 Am. Smelt & Kef 38% 37% 38% 37?/ Ain. Sugar Ref. 93% 93 93% 92% Am.Sumt Tob Cos 79 79 79 78% Am. Steel Fdry. 30% 30% 30% 30% Am. Tel. & Tel. 99% 99 * 99 % 99 '/% Am. Tobacco 118% 117% 117% 118% Am. Woolen 67% 60% 00% 67 Am. Zinc & Lead 9 9 9 8% Anaton Min Cos 38% 38 38% 38% Atchison 83% 83% 83% 82% At. Gulf &W. I. 71% 68% 08% 69 Baldwin L0c0... 90% 88% 89% 88% B. & 0 35% 34% 34% 34% Beth. Steel (B). 55% 54% 55 55% Brook. R. T 14% 13% 13% 14 Canad. Pac. Ry. 116% 115 115% HO Central Leather. 41% 40% 40% 40% Chandler Motors 70% 09 69% 08% C. & 0 59% 58% 59% 69% C., M. & St. P. 28% 28% 28% 28 C..M.& St.P.pfd. 43% 43% 43% 43 Chicago & North 68 68 08 67% C., R I. & P... 26% 36% 20% 26% C. P. 7% pfd 74 74 74 73% Chili Copper.... 12% 11% 12% 11% Ch.no Copper.. 22% 22% 22% Coca Cola 23% 23% 23% 23 Columbia Gas.. 62 60% 61% Colurn. Graph.. 12% 11% ll?s 11% Consol. Gas.... 79% 74 79% •■■■; Cou. Candy Cos. 3% 3% 3% _3 (• Corn Products. 71% 70% 71 70% Crucible Steel.. 95% 93% 94% 93% Cub. Am. Sugar 30% 29% 29% 29% Del. & Hud 101 101 101 100% D. &R. G. pfd. 2Vi 2 2% 2% Erie 13% 13% 13% 13% Erie Ist pfd.... 20% 20% 2"% 19% Fam. Players.. 59 58 58% >'‘3* Fisk Rub. Cos.. 14% 14% 14% 14% Gen. Asphalt... 63% 61% 62 63% •Gen. Cigars .. 59% 59% 59% 01% Gen. Electric.. .120% 126% 126% 12a Gen. Motors 14% 14% 14% 14% Goodrich 41% 40% 40% 40% Gt. North, pfd. 77 75% 70% 76 Gt. North Ore. 29 29 29 Gulf St. Steel.. 30 30 30 30 Houston 0i1.... 76 74 74 74 Illinois Cent... 89 89 89 89 Inspir. Cop... 35 34 % 35 35 Inter. Corp 5% 5% 5% 3% Inter. Harv... 94% 94 94% .•*>% Inter. Nickel... 15% 15 15 ••••. Inter. Paper— 61% 58% 68% 59 Invin. Oil 24% 24 24 24% Kan City 50... 20 19% 19% 19 Kelly Spg. T... 48% 47 47 47 Ketine. Copper. 20% 19% 19% -0 Lack Steel 53% 53 53 53 Lehigh Valley.. 53 52 52 52% Loews, Inc 16% 16% 16% 16% L & N 99% 99% 69% Marine Com ... 13% 14% 14% .... Marine Pfd .... 54% 54 54% 64% Max Mot Com.. 6 6 6 5% Mexican Pet. ...158% 152% 152% 1511% Miami Copper.. 18% 18% l'% 18% Mid States Oil. 13 12% 13 13 Midvale Steel 31% 31 31 31% M , K. * T 2% 2% 2% 2% Mis Pac Ry.... 18% 18% 18% 18% Xev Con Cop.. 11% 11% H% 11% N. Y. Central... 72% 71% 72 il% New Haven .. . 20% 20% 20% 20% Norfolk & West. 100% 190% 100% 100 Ok Pr & Ref Cos 3% 3% 3% 3% Pacific (til- —. 36% 36% 56% Pan-Amer Pet.. 75% 73% 73% i4% Penua Ry 41% 41% 41% 41% People's Gas .. 35% 35% 35% 33 Pierce Arrow .. 26 24% 25% 25 Pierce nil C 0... 11 10% 10% 11% Pittsburgh Coal 62% 60 61 •* .... Pressed Stl Car. 96 90% 93% 89 Pull Pal Car.. .107% 106 107% 100% Pure Oil 35% 35 35 % 35% Ray Copper ... 13% 13 13 13% Reading 84% S3 83 83 P.ep Ir A Stl... 07% 65% 65% .... Iteplogle Steel . 33% 35% 33% •••• Royal l)ch N. Y. 64% 05% 65% 6.,% Sears-Roebuck . 93% 91% 91% 93 Sinclair 24 23 23% 24% Ms.-Sbf. S. & I. 53 32 _ 53 52 Southern Pacific 97% 97% 9. % 96% Southern Ry.... 23% 22% 22% 22% St.. Oil. N .1 pfd 69% 108% 108% St.L A-S F.coiu. . 22 21% 22 21% Stromberg Caro. 40% 39 30% 38% Studebaker .... 58% 55% 56% 55 Tenn. Copper.. 8% 8% 8% Texas Cos 43% 42% 42% 43 Tex. A Pacific . 19% 19 19% 18% Tobacco Prod.. 56 55% 55% 55 Trans. OU 10% 10 10 10% Union Oil 22% 22 22 22 * Union Pacific ..119% 119 119% 119% Untd. Ret Stres 53% 54% 55% 55% U. S. Kd Prod 25% 24% 24% 25 United Fruit.... 106 104% 10t% 104% U. S. Ind. Alco. 68% 67% 67% 67% U. 8. Rubber.. 170 67 % 65% 68% U. 8. Steel 82% 81% 82 82% U. 8. Steel pfd. 111% 111% 111% Utah Copper... 56% 55% 55% 55% Vanadium Steel. 38 37 37% 37% Wabash 8% 8% 8% 8% Wabash Ist pfd 21% 20% 20% 20% W. Maryland... 10% 10% 10% Western Union.. 85% 85% 85% i87% Wesths. Elec.... 45 45 45 44% White Motors . 38 .39 39 39 WiHys-Overland 8 7% 7% 8 Wilson A C 0... 43 43 43 Worth. Pump... 49% 48% 49 48% •Ex-dlv!dend.
NEW YORK CURB MARKET. (By Thomson & McKinnon.) —Jan. 24 —Closing— Bid. Ask. Curtis Aero, com 1 3 Curtis Aero, pfd 10 13 Texus Chief 8 12 First National Copper % IV* Goldfield Con 6 8 Havana Tobacco 1 1% Havana Tobacco pfd 6% 9 Cent. Teresa 3 5 Jumbo Extension 5 International Petroleum.... 16% 17 Nlplsslng 8 8% Indian Pkg 3% 4 Royal Baking Powder...... 105 110 Royal Baking Powder pfd.. 79 • 83 Standard Motors 7% 8% Salt Creek 24 28 Tonopah Extension 1 7 16 1% Tonopnh Mining 1% 1 7-16 United P S. new 1% 1 % U. S. Light and Heat 8 1% U S. Light and Heat pfd.. % 2 Wright-Mattin 5 7 World Film 1-16 3-10 Yukon Gold Mine Cos 1 1% Jerome % 3-16 New Cornelia 16 17 United Verde 28 30 Sequoyah 3 16 5 16 Omar Oil 2% 2% Rep. Tire 1% 1% ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Jan. 25 — —Opening— Bid. Ask. Anglo-American Oil 18% 19% Atlantic Refining 985 1000 Borne-Scrymser 390 410 Buckeye Pipe Line 85 87 Che-el.rough Mfg. Cons 175 190 Chesebrough Mfg. Cons., pfd. 106 110 Continental Oil, Colorado... 113 118 Cosden Oil and Gas 6 6% Crescent Pipe Line 30 34 Cumberland Pipe Line 120 130 Elk Basin Pete 7% 8% Eureka Pipe Line 75 100 Galena Sigual Oil, Pref, new 94 99 Galena-Signal Oil, coin 46 49 Illinois Pipe Line 173 175 Indiana Pipe Line 83 89 Merritt Oil 12% 13 Midwest Oil 1 1% Midwest Rfg 138 140 National Transit 27 29 New York Transit 160 165 Northern Pipe Line 95 98 Ohio Oil 283 287 Penn.-Mex 37 40 Prairie Oil and Gas 470 480 Prairie Pipe Line 188 193 Sapolpa Refg 4% 5 Solar Refining 373 385 Southern Pipe Line 112 115 South Penn Oil 238 239 Southwest Penn Pipe Lines. TO 74 Standard Oil Cos. of Cal 308 311 Standard Oil Co.’ of 1nd.... 70 71 Sandard Oil Cos. of Kan 590 610 Standard Oil Cos. of Ky 415 430 Standard Oil Cos. of Neb.... 390 410 Standrad Oil Cos of N. Y ... 350 354 Standard Oil Cos. of 0hi0.... 390 405 Swan A- Finch 35 50 Union Tank Line 112 116 Vacuum Oil 330 335 Washington Oil 30 35 NEW YORK METAL MARKET. NEW YORK, Jan. 25.—Copper—Weak ; spot, January, February and March offered. 13.50 c. Lead—Easy ; spot, Janu ary and February offered. 5.15 c. Spelter —Easy; spot. January, February, March and April offered. 5.40a.
HOGS STEADY TO 25 CENTS HIGHER Prices of Veals Drop—Sheep > Steady. RANGE OF HOG PRICES. Gobd uooS Good Jan. Mixed. Heavy. Bight. 19. $9.75 @ 10.25 $9.50@ 10.00 SIO.OO @ 10.50 20. [email protected] 9.2'© 9.75 [email protected] 21. 9.50@ 9.75 o.O@ 9.25 [email protected] 22. 9.75 @IO.OO 9.25® 9.50 [email protected] 24. 9.75 @IO.OO 9.50® 9.75 [email protected] 25. 9.75@ 10.00 9.50® 9.75 [email protected] Hog prices were steady to 25 cents higher at the opening of the local live stock exchange today, with an active demand by all buyers and receipts close to 10,000 fresh hogs. There were less than 100 stale hogs left over from the Monday market. There were a few light hogs that brought $10.25, with a number of sales at $lO.lO. Hogs weighing from 200 to 225 pounds were fully 25 cents higher than on the Monday markef, while the remainder of the prices were steady with the opening of the Monday market. The bulk of sales for the day was $9.50@10. There were few hogs on tbe market over 300 pounds in comparison to the number In the pens. Thttre was an active tone to the trade on the cattle market and prPes held about steady with the prices of the opening Monday market, but buyers were not so particular in their grading. Commission men say that they ta-el that tiieiv; are better days ahead for the cattle market, and that they think those days are not far in the future. Receipts for the day were close to 800 cuttle. The calf market wpened with a steady ton?, but after the first half hour of trade a weakness set In and prices were fully 50 cents lower at the close of the market. There were approximately 350 calves on the market. With less than 100 sheep and lambs on the market prices were steady. HOGS. Best light hogs, 100 to 200 Ids average [email protected] 200 to 300 lbs average 9.50@ 9.75 Oxer 300 lbs .... S.nO® 9.00 Sows 7 7*8(1 8.00 Best pigs, under 140 lbs 9.00® 10 00 Bulk of sales 9.50®10.00 CATTLE. Prime cornfed steers, 1,030 lbs, and up [email protected] Good to choice steers, 1,200 to 1,300 lbs B.oo® 9.50 Good to choice steers, 1,100 to 1,200 lbs B.oo® 8.50 Medium steers. 1,000 to 1,100 lb* 7AO@ 8.23 Common to medium steers, 800 to 1,000 lba 6.00@ 7.50 —Heifers and Cows— Good to choice heifers 0.50@ 8.75 Medium heifers 5.00@ 0.50 Common to medium heifers.. 4.00< 5.25 Good to choice cows 5.00@ 7.00 Fair to medium cows 4.oo'iC 6 Cotters 3.00@ 4 25 Calmer* 2.25® 3.50 —Bulls— Good to chotce butcher bulls 5.00@ 7.0n Bologna bulls 4.50® 5.59 Light comrnou bulls 0 00' 7.J0 —Calves— Choice veals 13 50% 14 .50 Go* and xea.s 12.00@ 133*0 Lightweight veals 6.00® 7.00 Medium veals 9.00® 11.uu H* avyweigiit calves 7.50® 8.00 Coxnuiou heavyweight calves 3.00® 7.50 —Stockers aiul Feeder* — Good to choice steers, 800 U>* Good to choice steers, under 800 lbs 7.00® 8.00 Medium cows 4.50@ 5.00 Good coxvs 5.00® 5..50 Good helfera 6.50® 6.60 Medium to g/xod heifers 5.00® 6.00 Good milkers ... 50.00@9.>.00 Stock calve*. 250 to 450 lbs... 5.00 q 8.00 SHEEP AND LAMBS Good to choice sheep 3 00® 4.00 Fair to common 2 00® 3.00 Bin ks 2.00® 2..50 Cull sheep I.oO® 1.541 —Lambs— Common to choice yearlings.. 6 30® 6.50 Spriug lambs B.oo® 10.00
Other Live Stock
CHICAGO. Jan. 25.—Hogs Receipts, 45,ii0; market 15<&25.- up; bulk, s9.ism 9.25; butchers, .s’.'.4o; packers, s>>.s9 k?l; lights. $9 ><Kgi 10.15 ; pigs. $9.35 '1.9.90; roughs, *B.3<>@s.sil. < ittle Receipts. 11. 000; market. 15<)j25c up; beeres, $7 "l 10.75; butchers $5.75'q,9; runners and • utters. [email protected]; atockers and feeders, , W ,, $4 51*07.73: calves, $10.75 @12.73. Sheep -Receipts, 19,000; rnurhei slfudy ; lambs. S7..VX<J|II; ewes, s2.7>i / CINCINNATI, Jau. 25—Hogs -Re ceipts, 5,300; market strong to 25c high er; heavy and mixed hugs. $10<R10.25 mediums anil lights. $lO 50; pigs, $9 50; roughs, , stags. $6.50. Cattle Receipts, 600; market, slow, steady; bubs, weak; calves, $1.5 Sheep and lambs —Receipts., 4<); market steady; sheep, sls" , 'al Innibs, $(@11.50. CLEVELAND, Jan 25—110 g Receipts. g.7*x): market 25c up; yorgers. slo."si: mixed, slu.s> medium. (10.50; pigs. $lO 75{a 11; roughs. $8; .-tags, $6. Cattle Receipts. 250; market slew, dull. Sheep and lambs Receipts, 1.0OO; market steady; top. sll. Calves —Receipts, 200, market steady; top, sl6. PITTSBURG, Jan. 25. —Cattle—Re ceipts, light; market slow; choice. $9.25 @0.50; good, $991,9.25; fair. sS'd-. s<, veal calves, $15@16. Sheep ami lambs —Receipts, light; market steady; prime wethers, $6'u6.50; good, $5'a5.50; fair mixed, $4(q4.75; spring lambs, $10.7511 11.25. Hogs—Receipts, 15 doubles; prime heavies, $10; mediums, $10.6g& 10.75; heavy yorkers, $10.60(.( 10 70; ligut yorkers, $lO 7.55; 11 ; pigs, slo.so't/11 ; roughs, $7.50(08.25; stags, $.5.75(<t6.2.>. EAST BUFFALO, N Y., Jan. 2.s.—Cattie Receipts, 285; market arrive and firm, shipping steers. $9.25(c; 9.75 . butcliere grades, $7*49.25: cows, $2.-iO(u,7. Caives—Receipts, 300; market active to steady; culls to choice, s.Vri 17.50. Sheep and lambs Receipts, 2,400; market slow and active; choice lambs. sll@ 11.25: culls to fr.lr, ?7.softt 10.75: yearlings, $7*18.75: sheep. s3((t7. Hors Receipts, 400; mar ket active to 25150 c up; yorkers, $11.50; pies $11.50: mixed. $lO .50''5 112.5 : heavies $lO 25@ 10.50; roughs, ss(®S.so; stags, $5.50 @6.50. EAST ST. LOUIS. Jan. 25.—Cattle- Re ceipts, 3.500; market, steady; native beef steers, S9 [email protected]: yearling beef steers and heifers. $9.25@10; cows. .*6 25r& 7 2.5; r,tuckers and feeders, $7.50@-8; calves. [email protected]; canncrs and cutters, $4.25® 4.75. Hogs—Receipts, 14,000; market, steady to 10c higher; mixed and butchers, $9-50(5! 10 good heavies, [email protected]; rough heavies. [email protected]; lights. $9.(599,10; pigs. $9.5(>@10. Sheep Receipts. 3.00 O: market, lower; mutton. [email protected]: iambs. $10.75® 11; canner and choppers, $1.50@3. WHOLESALE FEED PRICKS. Ton. Cwt. Acme feed $38.00 $195 Acme middlings 42.00 2.15 Acme dairy feed 47.50 2.40 E-Z dairy feed 37.50 1.90 Acme H. & M 38.00 1.95 Acme stock feed 32.50 1.65 Cracked corn 37.00 1,90 Acme chicken feed 43.75 2.25 Acme scratch 41.75 2.15 E-Z scratch 30.50 2.00 Acme dry mash 48.50 2.45 Acme hog feed 47.00 2.40 Homlik yellow 36 00 1.85 Rolled barley 43.50 2.20 Alfalfa rnoi 41.00 2.10 Cottonseed meal 41 00 2.10 Linseed oil meal 51.00 2.60 Acme chick mash 51.00 2.10 flock and corn meal. Corn meal, 100-lb. bag $ 2.10 E-Z Bake baker's flour in 98-lb. bag 10.80 GASOLINE prices down. CHICAGO, Jan. 25.—Gasoline prices slumped today for the first time since the war, following the announcement of the Standard Oil Company of Indiana, with offices'Tiere, of a retail price reduc tion of 2 cents a gallon on gasoline aud a 3-cent drop on kerosem*. Thp decline Is due to reduction of crude oil irom $3.50 to $3 a barrel. CRUDE OIL PRICES DROP. FINDLAY, Ohio, Jan. 25—The Ohio Oil Company today announced a drop of 25c a barrel in prices of six grades of Ohlo ; Indiana and Illinois oil. The re auction is the first in several years. The new prices are; Lima, $3.38; Indiana, $3.52; Princeton. $3.52; Plymouth, $3213 and Wooster, M
INDIANA DAILY TIMES, TUESDAY, JANUARY 25, 1921.
In the Cotton Market
NEW YORK, Jan. 25.—The cdtton market opened easier today at a decline of 12 to 30 points. The pit factor was the delivery of 46,000 bales of January contracts, the heaviest single day's deliveries in many years. Other influences were adverse report* from Manchester, one cable stating clothing importers of India were requesting Manchester merchants to suspend shipments on new business for six weeks. The South and Liverpool were on the selling side. The January position was steady after tbe opening and this latter was communicated to the whole list. At the end of the first twenty minutes the general market was 15 points net lower but well up from the initial levels. New York cotton opening: January. 16.35 c; March, 14.55 c; May, 14.70 c; July, 14.95 c; December, 15.18 c. LIVERPOOL, May *2s—Spot cotton opened slow today. Prices were Irregular and sales close to 2.000 bales. American middlings, 12.94d ; good middlings, 10.64d ; full middlings, 8 74d ; middlings. 8 99d; low middlings, 7.74d; good ordinary, 6.24d ; ordinary, 5.49d. Futures opened quiet. WASHINGTON, Jan. 25—Census reports show cotton ginned to Jan. 16, from the crops of 1920 and 1919 respectively: Total running bales (counting round as half bales), 12.016,466 and 10,307.120. Round bales included 204,624 and 111,873. American—Egyptian 73,481 and 34,023; Sea Island, 1,664 and 6,712.
Local Stock Exchange
—Jan. 25STOCKS. Bid. Ask. Ind. Rail. & Light Cos. com. 00 Ind. Rail. A Light Cos. pfd.. 84 86 Indpls. & Northwestern pfd. ... 75 Indpls A Southeastern pfd 75 Indpls. Kt. Kv 54% 58 T. H. T. A Light Cos., pfd... 67% ... T. H., I. A E. com 2 T H . 1. A E pfd 10 Union Trae. of Ind., com 1 Un on Trac. of Ind., Ist pfd. ... 16 Union Trac. of Ind., 2d pfd. ... 2 Advance-Rumnly, com ... Advance-Rumely, pfd 49 ... American Central Life .... 233 Am. Creosote Cos, pfd........ 91% 100 Belt R. R., com 62 66 Belt. R. H., pfd 45 55 Citizens Gas Cos 30 34% Century Bldg, pfd 91 Vi ••• Cities Service, com ... Cities Service pfd ... Dodge Mfg., pfd 93% ... Home Brewing 65 ... Indiana Hotel, com 68% ... Indiana Hotel, pfd 92 •... Ind. Natl. Life Ins. Cos ... Indiana Title Guaranty 69 71 Indpls Abattoir, pfd 44% 60 Indpls. Gas 46 48 Indpls. Telephone Cos. com. 6 .. Indpls Telephone Cos. pfd. 88 Mer Pub. Util. Cos. pfe 40 60 National Motor* 3 7 Bub. Savings Ins. Cos 2% •Sterling ire insur. C 0.... 7% 9% Kauh Fertilizer, pfd 40 Standard Gil of Indiana ... 70 80 Van Camp Ildw pfu 9o 100 Van Camp I’ck, pfd 83 100 Van Camp Proas. Ist pfd.... 92% 101 Van Camp Brods, 2d pfd... 82 ... Vandalla Coal Cos. com 6 Vandalia Coal Cos. pfd 10 Wabash II H. pfd 19 Wabash R. R. com 7% ... BANKS AND TRUST COMPANIES. Aetna Trust Cos 106 Banker* Trust Cos 118 ... ■ ommerclal Natl Bunk 65 ... Continental Natl. Bunk.... 112 ... City Trust Cos 83 Farmers Trust Cos 200 ... Fidelity Trust Cos 121 ... Fletcher Am. Natl Bank 256 Fletcher Sav. A Trust C0....100 In ! Natl. Bank 205 285 Did. Trust Cos 175 190 Live Store Exchange Bank. 383 ... Merchants National Bank.. 28" National City Bank ..5 110 120 People's State Rank 187 ... Kec-urity Trust Cos 120 . . The Stall* Sav. A Trust Cos.. .. 0.5 Union Trust Cos 340 300 Washington Bank A Trust. 150 BONDS. Broad Ripple 5s 61% ... Citizens street Railroad 55.. 70 lini. Coke and Gas Os ... Indian Ck. ( oal a Min 6a.. 82 Indpls. Col. A Southern ... 88 97 ludpis. A Martinsville 5s 53 Indpls. A North. 55... 42 47 Indpls. A N. xV. 5s . 51 ... Indpls. A S. E. a* 4-5 ... indpls., Shelbj . at 8. E. s*. 70 >... Indpls. St. Ky. 4* 60 67% Indpls. True. A Ter. 55..... 70 K ikomo, Marlon A W. 55.... 77 St X. 11 , 1. A E 52 t nlon Trac. of Ind. 3s 52 57 Citizens Gas 5s 73% ... Did. Hotel Cos. 2d Cs 92% 100% Indpls. Gas 5s 72% 81 Indpls Light A Heat 5s 73% 82 Indpls. Water 5s 88 81 Indpls Water 4%* 70% 75% Mer H A L pfd 6s 83% 9U New Telephone Ist 6s 84 ... Nevx Telephone Long DIS 6* 93% ... Southern Ind Bower 6* ... LIBERTY BONDS. Liberty first 3%s 92.00 Liberty first 4s 87.90 ..... Libert x second 4s 87.90 L.bert.V first 4%s 88.10 88.Nl Liberty second 4%s 88 00 88.30 Liberty third 4%s 91.10 9123 Liberty fourth 4%s 88.60 88.74 Victory loan 3%s 97.30 97 50 Victory Loan 4%s 97.30 97.50 -SALES--20 shares Indianapolis Gas Cos at 46. SI,OOO Liberty third 4%s at 91.10. SIO,OOO Liberty fourth 4%s at 88.54.
Farm Products Show Big Declines WASHINGTON, .Tan, i 25. American farm p-oducts for 1920 are valued at j sl9,bo<i.ouo,ooo, the Bureau of Crop Estimates announce today. This is $5,105,000,000 less than the preceding year. Among declines noted were: Corn, $1,662,000,000; cotton lint and seed, $1,300.000; wheat, $85,000,000; tobacco, $248,000,(X)0. Animal values decreased only $237,000, OIK), the report said. The cattle and calves declined $223,000.000, and swine, $427,000,000. while dairy products gained $311,000,000 and i poultry and eggs $160,000,000. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, 50c. Poultry Fowls, 22<f/27<’; springers. 26c; cocks, 16c; stags, 16c. old tom turkeys, 37>c; young tom turkeys, ft lbs. aud up. 40c; capons, 7 lbs. and up, 33e; young lien turkeys, 8 lb* aud up, 40c; cull, thin turkeys not wanted; young tom turkeys, 40c; ducks, 4 lbs. and up. 25c. ducks, under 4 lbs., 20c;—geeBe, 10 lbs. and up, 20''; squabs, 11 lbs to dozen, $7; guineas, 0-lb. size, per doz., $6. Rabbits —Drawn, per dozen, $2.50. Butter —Buyers are paying 48(a49e for creamery butter delivered at Indianapolis. Rutterfut —Buyers are paying 47@48c for cream delivered at Indianapolis. CHICAGO PRODUCE. CHICAGO, Jan. 25.—Butter—Creamery extras, 45c; creamery firsts, 450; firsts. 38@44%c; seconds, 80@3Gc. Eggs—Ordinaries, 04'i 55c; firsts, 57%e. Cheese— Twins, 23%c; .voting Americas, 26%c. Live poultry—Fowls, 31c; ducks. 32c; geese, 26c; spring chickens, 2Sc; turkeys. 43e; roosters, 20c. Potatoes Receipts. 81 cars; Wisconsin and Minnesota, [email protected]. WHOLESALE BEEF PRICES. The following are today's wholesale market prices of beef cuts as sold by the Indianapolis markets. (Quotations by Sxvift & Cos.): Ribs No. 2,34 c; No. 3.19 c. Loins— No. 2,51 c; No. 8,28 c. Rounds—No. 2, 23c; No. 3,17 c. Chucks—No. 2,12 c; No. 8,10 c. Plate*—No. 2,12 c; No. 3,10 c. Wed 35 Years, Woman Divorce Suit Special to The Times. HARTFORD CITY, Ind., Jan. 25.—Mrs. Clara Deiporte, Monday in the Blackford Circuit Court, brought action for > divorce and $6,000 alimony against Aime Deiporte, a prominent French resident. Cruel and inhuman treatment is charged. The couple have been married thirtyfive year*.
DECLINES HIT GRAIN FUTURES Slow Market and Light Sales Chief Factors. CHICAGO, Jan. 25—Grain futures declined on a slow market and light sales on the Chcago Board of Trade here today. There was little inclination to buy or sell. Unsettled weather prevailed throughout the grain belt. Corn and oats also declined In sympathy with wheat. Provisions were lower. March wheat opened off %c at $1.70%, and dropped 2%c later. May wheat opened at $1 60%, off %c, losing 2%c before the close. May corn at 69%c opened off %c, and dropped an additional lc hefore the close July corn opened at 70%c, off %c, and dropped l%c later. May oats opened up %c at 44%r, and dropped %e In later trading. July oats opened at 44%c, off %c, losing %c before the close. (By Thompson & McKinnon) -—Jan. 25—Wheat—A sharp falling off In consignments of wheat from the Southwest, together with an Improved milling demand In that section and a better flour trade In the Northwest have taken the place of a slowing down In export business. British prices were reduced by the royal commission and Argentine prices ivere lower. It Is claimed that Argentine wheat is offered abroad at some 8 cents cheaper than United States wheat. Minneapolis millers, after a survey of the situation, believe that stocks of flour In principal markets are quite small. This being so. it Is reasonable to expect an Improvement In tbe flour trade and a better demand for wheat from millers. For a time Argentine wheat may turn the export business away from this country, but we doubt If there Is any weakness In the world situation to far as surplus supplies are concerned,- this 'idea being based upon the removal of Russia from exporting countries. There will, at all times, be a moderate foreign demand for United States wheat, which In conjunction with a lessened movement In milling demand should keep market In a healthy condition. Tbe strength In corn was gained largely from the action of wheat, uitbough market had the help of export inquiries and some business There is little. If any Improvement In the demand from dlstributors, a large portion of the daily receipt* being taken by elevators who are selling the May against their pnrchfite*. The various grades of the cash corn are selling at an average price of 9 cent* under the May xvhlch ought to be and i, quite attractive to carriers. The heavy movement !* probably over but there will be sufficient coming from the country to more than supply the present slow demand and result In further piling up of accumulations iu terminal markets Taking Into consideration the dls count of the cash corn and the known surplus in the country. It would stem that the market will yet show permanent buoyancy. Oat* There Is a little more friendliness displayed to oats, although It Is exhibited more In the way of buying against previous sales than In the way of new demand The market Is still and will remalu a reflection of corn. Provisions -A rather glow hog market offset the strength ill grains and a slightly better demand for product*. The volume of uog receipts will probably be the immediate influence in prices. CHICAGO GRAIN. —Jan. 25 WHEAT— Open. High. Low. Close. March... 1.70% 1.70% 1.66% 1.67% May 1.00% 1.00% 1.56% 1-57% CORN— May 00% 69% 07% 68% July 7u% 70% 68% 69% OATS— May 44% 44% 43% 44 July 44% 44% 43% 44 PORK— Jan 23 00 23 50 23 05 23.05 M■ v, .. . 23.60 23.00 23.20 23.20 LARD— Jan 13 07 13.07 12.90 12.05 May 13.70 13.77 13.02 13.62 RIBS'— •Jan 11.80 May ... 12.55 12.55 12.50 12.50 •Nominal. CHICAGO CASH GRAIN. CHICAGO, Jan. 25. Wheat- No. 1 red $191; No. 1 hard winter, $1.75%; No. 3 soring, $1.67® 1.07%. Corn—No. 2 white, 66% -. No. 2 yellow, 68c; No. 3 while. 02 ® 02%c; No. 3 yellow, 62®63c; No. 4 white. 59 %c; No. 4 yellow. 59@59 %c. Oats No. 1 white, 42%-if43-: No. 2 white, 42%@42%c; No. 3 white, 40%@41%c; No. 4 white, 40@410. TOLEDO CASH GRAIN. TOLEDO. Ohio, Jnn. 25. Close—Wheat —Cash and March. $190; May. $195. Corn No 2 yellow, 70c. Oats No. 2 white. 46%@47%c. Rye—No. 2, $1.59. Bariev No 2,72 c. Cloveraeed—Cash 11919. sl2 35: cash (1920), January ami February sl2 00; March. $12.55; April. $lO 60. Tlmothx*— Caah (1918), $3 02%; cash (1919), $3.07%; January, February m | Mar- H $3 17%; April and May, $3.25; September, $3.50. Alsike Cash, $13.25; (old). sl6; March, $15.50.
PRIMARY MARKETS. (By Thomson & McKinnon.) —Jan. 23--Wheat. Corn. Oats Chicago 34,000 1,464,600 223,(VK1 Milwaukee ... 3.00 t) 232,000 65,000 Minneapolis . 221.000 25,000 42.0< Duluth 76.000 38,000 St Louis 83.000 187.000 160.000 Toledo 14,000 28,000 23,000 Detroit 22.000 12.000 22,009 Kansas City. 378.000 63,000 12,000 Peoria .... 8.000 66,000 14,000 Omaha 44.000 42.000 16.000 Indianapolis.. 1.000 164,000 50,001) Totals 884.000 2,283,000 655.000 Year ago... 638,000 736,000 5,A),000 —Shipments- - Wheat. Corn. Oats Chicago 29,000 283.000 124.000 Milwaukee ... 1.000 87,000 35,000 Minneapolis. 09 000 67,000 44.000 Duluth 20.000 v t Ton 1 s 128,000 162,000 140.000 ToliS o 21.000 25.000 12.000 Kansas City... 302.000 23.000 26.000 I Vnrlti . .. 85.000 67,000 Omaha”.’ 78.000 112.000 42,000 Indianapolis 43.000 14.00) Totals ... 678 000 889.000 504.0'>'' Years ago.. 592,000 466,000 529.000 —Clearances — Dotn. W. Corn. Oats. Philadelphia . 90,000 Baltimore 326,000 Totals 416.000 ••• Years ago... 140.000 inihanapoi is r\Bii grain. —Jan. 25 — Bids for car lots of grain and ha at the call of the Indianapolis Board of Trade were : _ Wheat —Firm; No. 2 red, $190(^2. Corn Easy ; No. 3 white* 64(?f,fi6c; No. 4 white 62<364c; No. 5 white, 58@59%e; No. 3 yellow, 6264%c; No. 4 yellow. 60 (r162%c ■ No. 5 yellow, 57<q5$%e; No. 1 mixed, 58(g'60%c: No. 5 mixed, 54(®55%c. Oats- Steady; No. 2 white, 43@44%e; No 3 white. 42@43%c. H nj . Weak; No. 1 timothy $24(^24.50; No 2 timothv. $23.50@24; No. 1 light clover mixed, $22.50@23; No. 1 clover hay, $22(322.50. t —lnspections Wheat —No. 2 red, 3 cars; No. 4 red, I car; No. 5 red, 1 car; No. 2 hard. 1 car- No. 3 mixed, 1 car; No. 3 dark northern spring, 2 cars; sample, 1 car; total, 10 cars. Corn—No. 1 white, 1 car; No. 3 whlet, II cars; No. 4 white, 11 cars; No. 5 white, 1 car; No. 6 white, 1 car; No. 4 yellow, 12 cars; No. 5 yellow. 9 cars; No. 6 yellow, 1 car; No. 3 mixed, 1 car; No. 1 mixed, 3 cars; No. 5 mixed, 3 cars; total, 54 cars. Oats—No. 1 white, 1 car; No. 2 white, 19 cars; No. 3 white, 1 car; No. 4 white, 2 cars;’ sample white, 1 car; total, 24 cars. Rye—No. 3. 2 cars. Haiv—No. 1 timothy, 2 cars; No. 2 timothy, 3 cars; No. 1 clover mixed, 3 cars; total, 8 cars. HAY MARKET. The following are me Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new, $24<g26; mixed hay, new, $22(324; haled, $24@26. Oats—Bushel, new. 50@52c. Corn—New, 70@75c per bushel. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today tire paying $1.75 for No. 1 red wheat, $1.72 for No. 2 wheat and $1.69 for No. 3 Md
Weather
The following table shows the state of the, weather at 7 a. m., Jan. 25 as observed by United State* Weather Bureaus : Station. Bar. Temp. Weather. Indianapolis 80.37 24 Cloudy Atlanta, Ga 30.18 48 Cloudy Amarillo, Texas... 30.24 28 Clear Boston, Mass 30.06 0 Clear Chicago, '.lll 30.46 24 Cloudy Cincinnati, 0hi0... 30.42 22 Cloudy Cleveland, Ohio 30.66 12 Cloudy Denver, Colo 30.44 24 Clear Dodge City, Kqn.. 30.30 20 Clear Helena, Mont 30.32 24 Clear Jacksonville, Fla.. 30.16 56 PtCldy Kansas City, Mo.. 30 06 38 Rain Louisville, Ky 30.36 28 Snow Little Rock, Ark.. 30.06 52 Cloudy Los Angeles, Cal... 80.10 46 Cloudy Mobile Ala 30.16 58 Cloudy New Orleans, La.. 30.16 58 Cloudy New York, N. Y... 30.30 4 Clear Norfolk,, V* 30.36 28 Clear Oklahoma City 30.20 34 Clear Omaha, Neb 30.16 28 Rain Philadelphia, Pa.. 30.36 12 Clear Pittsburgh, Pa 30.52 12 Cloudy Portland, Ore 30 02 36 Cloudy Rapid City, 8. D... 30.52 8 PtCldy Roseburg, Ore 29.90 38, PtCldy Snu Antonio, Texas 30.12 56 Clear San Francisco, Cal. 30.02 50 Cloud} St. Louis, Mo 30.22 30 Rain St. Paul, Minn 30.52 14 PtCldy Tampa, Fla 30.14 56 Clear Washington, D. C... 30.42 18 Clear WEATHER CONDITIONS. The disturbance on the Rocky Mountain slope Monday morning hag moved sloxxly eastward and is now centered In northeastern Kansas. It has caused considerable precipitation In the central States. Due to high barometric pressure temperatures have fallen both to the westwurd and eastward of the storm area. At 7 p. m. Monday light snow cover was reported at most stations the upper Mississippi and the Missouri Rivers, except in lowa, but the depths were generally less than two inches. INDIANA HIGHWAYS. The roads over the State have deteriorated considerably under the Influence of thawing wewther, and the surfaces are soft. Where the traffic Is heavy they are badly cut up. Dirt roads and unimproved roads are in poor to bad condition, while Improved ones are in only fair condition. J. H. ARMINGTON, Meteorologist, Weather Bureau, Marriage Licenses Paul McGauley, 4458 Washington st... 32 Rosemary Maioy, 1417 N. New Jersey 20 John Hardin. 846 W. Twenty-Fifth e*. 23 Coatney Huuser. 834 W. Twenty Fifth 25 Cecil Gray, Plainfield, Ind 21 Fern Naster, Bridgeport, Ind 19 Isaac Connett, 1221 N. Keystone av.... 31 l.nuua Smith, 1221 N. Keystone av 19 George Johnson, 816 E. Maryland st.. 23 Florence Farmer, Prospect *t 25 Donnie Murphy, 957 S. Delaware 5t.... 37 Eva White, 803 Bradshaw st 25 l.eland Httey, 763 West drive, Woodrug Place 20 ISylvla Schtltges, 781 West drive, Woodruff Place 25 Louis Martin, 2730 Chester av 25 Nellie Randell, 1914 Ralston av 20 Paul Lambert, Sheridan, Ind 21 Edna Banta, 121 Pleasant gt 20 Eirths William aud Julia Richards, 308 Forest, girl. William and Catherine Bowles, 1022% North Senate, girl. Hugh and Florence Marshall, Long Hospital, girl. Paul and Esther Mahmlas, Long Hospital, boy. William and Lola Atkins, 1159 Roacbe, girl. Harvey and Kate Albright, 1531 Montcalm, boy. Tyler and Hurdle Oglesby, St. Vincent Hospital, gtrl. Edmond and Francis Ball, St. Vlnx-ent Hospital, boy. James and Nora Gavaghan, 24 North Temple, boy. Benjamin and Rebecca Baker, 10J6 South Meridian, boy Robert and Lora Norwood, 2022 West Washington, girl. John and Mary Scott, 127 West Sixteenth, girl twins. Alva and Susie Iluddleson, 2126 Miller, girl. William and Cleh Johnson. 1219 Prospect, boy. Oliver anffx Beulah Beyle, Deaconess Fin-pit,'il, girl. Sidney and Irene Outlaw, Methodist Hospital, girl. Far! and Alma Halstead, Methodist Hospital. girl. William and Levina Heston, 3333 Roosevelt, girl. Mels and Hazel Frederlksen, 761 North Emerson, boy. Virgil and Esther Nutter, 1208 Southeastern, boy. Jay snd’ Mabel Gillespie, 519 North Treinont, boy. Loyd and Goldie Martlndale, 3043 West Michigan, boy.
Deaths Margaret S. Alice, 73, 1310 Blaine, artprio sclerosis. Katherine K. Kostonbaker. 67, 1855 Singleton, cerebral hemorrhage. Joseph IV. Wheatley. 64, 3901 Rook wood, lobar pneumonia. Kin Martin, 45, Deaconess Hospital, acute uremia. Sally Dorsey. 59, 338 W. Sixteenth, chronic myocarditis. Howard Arnold. 14 months, 1328 North Olney. acute endocarditis. Thomas Buchanan Linn, 7.8, 2314 S. Twelfth, mitral Insufficiency. Marie O. Fuller, 21. 1341 Edgemont, pulmonary tuberculosis. Sarah Huff, 74, 1938 Parker, cerebral hemorrhage. George C. Seymour, 41, 1650 Astor, chronic myocarditis. Catherine Cutter, 41, 2138 N. New Jersey. uremia. Alva Francis Witt, 49. Deaconess Hospital, carcinoma. Walter Voelke, 1 month, 1309 Lawton, broncho pneumonia. William H. Sheets, 76, 2 Whittier place, arterio sclerosis. Purdue Frat Houses’ Tax Question Raised Taxation of Greek letter fraternity houses at Purdue University, in West I Lafayette, may depend on the ruling of the attorney general, who has been asked to give an opinion on the subject. Tax- I ntiun of the fraternity property was asked in a petition of West Lafayette citizens, received by the tax board. Investigation by a representative of the t&x board disclosed the fact that the property of the fraternities and sororities does not appear to be under the control j of the university authorities. It was learned that the fraternities have paid taxes for fifteen years on their property and only last year attempted to take advantage of exemption. Steps are being taken by college fraternity men all over the State to resist any attempt at taxing the fraternity property. Democratic Women Formdistrict Club With the object of furthering eom.munify welfare. Democratic women have organized the Democratic Women’s Seventh District Club. One of the principal activities will be attending the meeting. 1 ! of the city council. A committee, composed of Dr. Hannah Graham, chairman; Mrs. W. 11. Bobbitt, vice chairman; Mrs. John Downing Johnson, publicity chairman; Mrs. H. G. Bloom, Mrs. L. Cullman. Mrs. E. P. Brennan, Mrs. D. A. Davis, Mrs. W. F. Kissell, Mrs. M. L. Relffcl, Mrs. William McClain, Mrs. H. Topmillcr, Mrs. W. A Powers, will attend the council meetings. The club will meet once a month at Dr. Graham's office, 406 Kahn building. PRIEST GOES TO HOSPITAL. HARTFORD CITY, Ind., Jan. 25.—The Rev. John C. Keller, pastor of St. John’s Catholic Church, has been taken to a hospital In Ft. Wayne for treatment, for a complication of diseases which began two weeks ago with ptomaine poisoning.
FARMERS VOTE IN REFERENDUM First State - Wide Canvass on Legislation Held. ST. PAUL, Minn., Jan. 25.—The first State-wide referendum of farmers ever attempted was under way today. President L. E Potter of the Minnesota Farm Bureau Federation, called district officers to take a referendum of views on two measures now before the Legislature. One question concerns approval or rejection of Indorsement on a concurrent resolution calling for restitution of the grain grades in vogue before Federal grain grades were adopted. The other refers to the bill calling for a 10 per cent tax on all trading in grain futures except where the trader actually owns grain amounting to at least a third of the grain Involved In the transaction. State headquarters of the federation Is taking no stand on the propositions and every means has been taken to make the referendum “fair and impartial," according to President Potter. ACQUITSCOPIN MIDDAUGH CASE Justice of Peace Holds Police Must Be Protected. Patrolman Harry Hillman today was found not guilty In the Justice of Peace Court oi T. Ernest Maholm on charges of assaulting Charles Middaugh, known as "Big Shiner,” during a “white mule" raid Jan. 17 at Middaugh’* home, 715 West Ohio street. Middaugh was arrested on an affidavit on charges resulting from tbe raid In xvhlch he Is alleged to have resisted the officers and interferred with a search of his home. Attorney Fred McAllister maintained that a search warrant was nto read to Middaugh, although the evidence showed that the officers possessed such a warrant. Counsel presented a motion claiming that Middaugh is under arrest on charges growing out of the same raid in the city court and pleaded former jeopardy for Middaugh. As City Judge Walter Pritchard will rule Wednesday afternoon on a case in which Middaugh Is charged with violating the prohibition laws, Justice Maholm took the case under advisement to determine If there was former jeopardy. ‘‘lt Is time that the courts uphold the officers in the enforcement of law and order,’’ declared Justice Maholm. “The police must be protected.” The evidence showed that Middaugh attempted to Interfere with Lieut. William Cox during the search of Middaugh’s home and that Officer HUP: went to the aid of the lieutenant. Tbe evidence showed that Middaugh threatened to “get" Officer Htilman if the officers struck Middaugh.
SCHOOL BANKS AID TO THRIFT Proposed Legislation in West Interests Nation. BY. 8. W. STRAUS, President American Society for Thrift. The Legislatures of a number of Western States are now considering a form af legislation of so much Importance that it is worthy of national attention. Bills hare been Introduced providing for the establishment of school savings banks under the supervision of the school authorities. The capital stock of these banks is to be divided into shares not to exceed $1 each and no person shall own more than 100 shares. It Is the understanding. of course, that he stock will be purchased by pupils and teachers. These banks do not pay interest on deposits, but the capital stock may be InTested In any safe interest-bearing securities such are War Savings Stamps or other similar securities, which may be reconverted Into cash on short notice. Deposits from a single depositor shall noY exceed SIOO at one time. Regular check books will be Issued to the depositors. When an Individual deposit reaches a sum sufficient to start an Interest-bear-ing savings account In any bank that rei-elves such savings deposits the amount shall be transferred to such banks. The proposed legislation also Includes provision for compulsory Instruction In thrift. While the school savings bank has been In successful operation for a great many years, it seems that the legislation now proposed In the West, particularly in the States Included in the Tenth Federal Re serve district, marks a long forward step In this phase of practical thrift education. • It would be well if all our States gave more attention to the encouragement of the school savings bank. It is the best general plan so far discovered for encouraging the practices of thrift upon the part of the rising generation of this country and Imparting to the youthful mind the cumulative value of saving money. Rut such work In the schools will be Incomplete if not accompanied by Intelligent Instruction In the broad principles of thrift. The youthful students should be trained not alone to make the saving of money a fixed habit of life, but they should be given substantial groundwork In tbe application of tbe thrift principle to all their activities Saving money is just one of the manifestations of a principle which, if generally applied to the entire scope of one's endeavors, cannot fall to bring success. Culver Pays Tribute of Respect to Saine Special to The Times. CULVER, ind.. Jan. 25.—Every business house in Culver was closed Monday during the funeral of Jacob Russell Saine. who died from wounds received In a pistol buttle with bandits four weeks ago, the entire population turning out to pay Its tribute of respect. Saine was burled xvith full military honors. His coffin, cox-ered with a flag, was borne on an artillery caisson and a regiment of Culver cadets constituted a special escort.
Workman on Theater Is Injured in Fall Joseph Sarrasin. 53, 1124 North Tuxedo street, wrenched his back In a fall today at the Loew Theater Building, 44 North Pennsylvania street, where he was employed by the William H. Andrews Decorating Company of Chicago. He wns sent to bis home 1 na city ambulance by Mo tor Policemen Retly and Mullen. FARMER FACES BANKRUPTCY. A petition In bankruptcy was filed In Federal Court today by Abe Cole, a farmer living near Williamsport, Ind. lie listed liabilities of $12,579.57 and assets of $2,961.3a
Wearepra- I on ,arm and pared to m ake city property THOS. C. OA V & CO. T S2a S 3STiS!?r
•°v Dayton Rubber Stock" e tou SELL 415 LEMCKE BLDG.
Woman Makes Try at Killing Negro Held for Assault PITTSBURGH, Pa., Jan. 25.—Mr*. LIU, llan Bangham, Forest Hills Borough, to< day made a desperate effort in the offic* of Justice A. C. Wlnnenberg of thas place to kill William Wilson, 41, a negr of Wllkinsburg, who was being ari ralgned on a charge of having brutally attacked two women in her basement last December. ‘‘l’ll kill you,” she shouted as sh leaped from her seat in the witness ‘box, thrust aside her husband and whipped out an automatic revolver, pressed i|j against the negro’s stomach and vainly tried to pull the trigger. Five detective* restraiend the woman. Reports that an attempts would be mane to lynch th* negro caused numerous'bfficers to guard the courtroom. Meantime forty women, some with children In their arras, who were In tha courtroom, yelled: ‘‘Go ahead, kill him} well stand back of you.” The negro 1* charged with attacking two other women; in the same house within a few minute* of each other. He was held for court after order had been restored. Given Farm Term and Fine in Assault Case Edward Jeffries, 34, living at 1548 sVade street, arrested several days aga on a charge of assault and battery fay Lieutenant Winkler and squad, after, It Is reported, be in company with anotbe? man, had assaulted Frank S. Miller, 329 Pine" street, was fined $1 and costs and sentenced to serve fifty days oi>the Indiana State Farm by Judge Waite* Pritchard in city court today. Miller, who is employed by the Acm* Pattern Works, was returning from work the night of Jan. 18, when he was attacked and severely beaten by two men who drove axvay in a machine after they had attacked him. Miller's glasses wer* broken in the fight, but he was able to read three figures on the battered license plate of the automobile. The fight occurred at the southeast corner of.Washington and Pine streets. Jeffries was arrested at his home FrW day morning and was later identified by Miller as the man who attacked him. Twenty-two Fleas of Not Guilty Entered Twenty-two pleas of not guilty wer* entered by defendants recently Indicted by the Marion County grand jury when they were arraigned in Criminal Court today. Among those pleading not guilty wero as follows: Harry Patterson, robbery; Fred Abbott, entering a house to commit a felony; Carlin Rowlett, William Magson. Frank Webster. Raymond Birge, Hubert Baker, Morris Conley, Frank Croley and Les ie Logan, all charged xx Ith burglary; John Overly, grand larceny; Marshall Reed, Pogey Hilton, Thomas Umphrey, Cecil Rhoades, Gai% rity Borden, Harry Hynes and Rc4 Mpore, all charged with vehicle tskingH ! John Trent and Spencer Williams, grand larceny; J. F. Prince, issuing fraudulent checks and Elmer Montgomery, burglary.
BEST OUTFIT FAILS TO SAVE Moore Draws Farm Term, Despite Fine Still. Although it was agreed that he deserved credit for trying to make the very best of “white mule" whisky, it didn't sax'e Isaac Moore, 56, who conducts a grocery at 1281 West Ray street and lived next door at 1283, when he wal called up in city court today to face charges of keeping a "blind tiger.” Judge Walter Pritchard found Moor* guilty' and fined him SIOO, adding a sentence of sixty days on the Indiana StSt* Farm. Moore immediately took an appeal, his bond being fixed at $1,200 by Judge Pritchard who approved the bond signed by W. L. Carey, attorney. Moore was arrested by Lieutenant Cox and squad Jan. 7. The officer went to Moore's store and read a search warrant* to him, Moore stating ttat he had notbJ ing on the premises, according to testi" mony at th® trial. Lieutenant Cox, however, was not satisfied and conducted a search of the premises. A complete twenty five-gallon still was discovered, along with fifty -five gallons t of “whita mule" whisky and seven gallons of wine. Th® distilling outfit, according to the officers, was one of the most complete ever found here, so complete, in fact, that it was said Moore deserved credit for trying to put out “good moonshine.” Judge Pritchard agreed, then pronounced his sentence. Income Tax Forms Going Out Rapidly The work of mailing the 120,000 income tax forms 1040-A is progressing rapidly, according to William L. Elder, collector of Internal revenue. Mr. Elder says that 50,000 were placed In the mail* yesterday and the rest are being sent out nt the same rate of speed. Incomes of less than $5,000 are reported on this form and the number required ,for exceeds that of any other form. Times Employ Joins Union Trust Company Albert O. Evans, who has been In tha advertising department of the Time* t enty-six months, having joined the suiff immediately leaving the ar uy, leaves the Times today to enter the real estate department of the Union Trust Company. Mr. Evans, who has been associated with Indianapolis newspapers for five years, has been in charge of the real estate department at the Time 9 and is well versed In real estate matters. It Is the Intention of the Union Tmst Company to organize a “lot and subdi-J vision department” In the spring under the direction of Mr. Evans.
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